Current ENB Stock Info

Enbridge Inc. (ticker: ENB) and Spectra Energy Partners, LP (ticker: SEP) announced today their execution of a definitive agreement resulting in Enbridge converting all of its incentive distribution rights (IDRs) and general partner (GP) economic interests in Spectra Energy Partners into 172.5 million newly issued SEP common units.

As part of the transaction, all of the IDRs have been eliminated.

The 172.5 million newly issued SEP common units have a value of approximately US$7.2 billion, based on the volume-weighted average price of SEP ...

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